US EditionGlobe tower sale nears end, generates $1.5B
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Globe tower sale nears end, generates $1.5B
Three years after sealing deals Globe Telecom is nearing competition of the sale of more than 7,000 towers, generating a total of PHP89.3 billion ($1.5 billion), after recently handing over 96 sites to two tower companies. The Philippines operator noted its tower sale and leaseback programme is in the final phase, with 6,945 offloaded, supporting its network transformation strategy and commitment to long-term capital efficiency. The latest trans…
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